Australian oil and gas company with a global presence Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.
A press release from the operator of the North West Shelf (NWS) project quoted its CEO Peter Coleman saying that the project has been delivered $630 million below the expected cost of approximately $2.0 billion (100% basis) and six months ahead of schedule.
“The project team has done an outstanding job executing and delivering GWF-2, which represents the next phase in gas supply to the NWS Goodwyn A platform, extending the life of the Karratha Gas Plant and contributing to Woodside achieving our targeted production of 100 MMboe in 2020," he said.
This success has been achieved by combining the two GWF-2 drilling campaigns, accelerating project work packages and collaborating closely with our contractors, the release noted.
The capabilities demonstrated on the GWF-2 Project will be carried forward as we embark on our next phase of growth, including our proposed developments of the Scarborough and Browse offshore gas resources, it added.
“The Scarborough and Browse projects are part of our vision for the Burrup Hub, which would unlock the future value of the Karratha Gas Plant and Pluto LNG,” Peter said.
The GWF-2 Project is located in Commonwealth waters approximately 135 km north-west of Dampier and includes eight subsea wells from six offshore fields (Keast, Dockrell, Sculptor, Rankin, Lady Nora and Pemberton), tied back to the existing Goodwyn A platform by a 35 km corrosion resistant subsea pipeline.
The final investment decision on the project was taken in December 2015.
The NWS Project participants are: Woodside Energy Ltd (Operator, 16.67%); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Australia Pty Ltd (16.67%).